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  #1 (permalink)  
Old 02-20-2007, 06:50 PM
006 006 is offline
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Using ONE moving average to increase odds

In the past I have commented that I tend to trade price only without any indicators. There are reasons for this, especially the fact that every indicator just tells you what you should see in price but don't have the guts to confirm in your own mind without using a crutch of some kind, stochastics or any of the ten million re-done indicators found in here.

But, if I were to use one, and I do, it would be one single moving average. It is up to you to find the one that gives you greatest comfort and results.

You may begin bashing me now.
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Old 02-20-2007, 07:43 PM
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Charts !!!!

Price !!!

That’s for Amateurs I don’t even ask where the price is, I just ring the broker and say buy or sell on a whim.


Guess I have spent too much time reading Forex Factory.


Mart

Last edited by mart-hart; 02-20-2007 at 07:48 PM.
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Old 02-20-2007, 08:06 PM
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Quote:
Originally Posted by mart-hart
Charts !!!!

Price !!!

That’s for Amateurs I don’t even ask where the price is, I just ring the broker and say buy or sell on a whim.


Guess I have spent too much time reading Forex Factory.


Mart
But don't you have to toss a coin first? Heads for LONG; Tails for SHORT!

I agree, however, with [Agent] 006. LESS is MORE. LESS indicators, LESS distraction, LESS confusion, MORE Pips, MORE Profits (we wish! we hope!).

Let's have a toss of bubbling H2(0) Power to the Traders!

ENJOY!


fxcruiser
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Old 02-21-2007, 12:00 AM
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Hi

As a trader we should know the basic of price movement ..like D Gann rules , elliot wave , basic pattern recognition ( you should collect as many as possible reversal pattern, breaktrough , flat etc remember history will be repeated again ) + any indicator as an entry point ....use your brain as a pattern database ...maybe we can be a good trader with few indicators involved ?!

==================
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Old 02-21-2007, 04:18 AM
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Quote:
Originally Posted by 006
In the past I have commented that I tend to trade price only without any indicators. There are reasons for this, especially the fact that every indicator just tells you what you should see in price but don't have the guts to confirm in your own mind without using a crutch of some kind, stochastics or any of the ten million re-done indicators found in here.

But, if I were to use one, and I do, it would be one single moving average. It is up to you to find the one that gives you greatest comfort and results.

You may begin bashing me now.
WMA? EMA? SMA?.... What is your MA?
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"It's not the strongest species that survive, nor the most intelligent, but the one most responsive to change" -- Darwin.
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Old 02-21-2007, 04:19 AM
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Quote:
Originally Posted by mart-hart
Charts !!!!

Price !!!

That’s for Amateurs I don’t even ask where the price is, I just ring the broker and say buy or sell on a whim.


Guess I have spent too much time reading Forex Factory.


Mart
Sounds like you are using CCI... LoL
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